
Agweek reported that USDA's February 9 WASDE raised 2016-17 U.S. wheat exports by 50 million bushels to 1.025 billion, lowering projected ending stocks to 1.139 billion bushels. World wheat stocks fell 4.7 million metric tons to 248.6 million, and India bought more than 5 million metric tons of wheat since summer 2016.
Higher export demand and lower ending stocks tighten the wheat balance and support prices. Strong Indian import buying reinforces that support.
Setelah 769 peristiwa laporan bullish sebelumnya, Gandum (SRW) bergerak median +0,2% selama 5 sesi (53% lebih tinggi; separuh tengah -1,4% sampai +2,0%), dan +0,2% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.